MTAA Super

MTAA Super is a provider of superannuation, retirement accounts, life insurance, and investment products.

“Driving your future.”

What MTAA Super offers

The inclusions below represent a selection of what is covered. Additional conditions may apply to different features. CANSTAR is not making any suggestion or recommendation to you about this product. Please ensure that you read the product disclosure statement to determine all the current policy options and inclusions for the product you are considering.

MTAA Super

8 managed funds available. Unlimited free investment switches.

Life insurance, TPD insurance, and income protection insurance available within super.

How to join MTAA Super

You can sign up for an MTAA Super account online or complete a hard copy application form and post it in.

Keep our tips in mind for how to choose a super fund, and always read the product disclosure statement (PDS) before you sign up for any superannuation product.

Remember to consider consolidating all of your super savings into one account. Find out how to find your lost super and how to consolidate your super. Before consolidating, check what insurances you have with each fund. Moving super from one fund to another could mean you lose some insurances, some of which you might not have known about but could really find handy if something were to happen to you.

Finally, tell your employer that you’ve joined MTAA Super. Your employer will give you a choice of super fund form that you will need to sign and return to them.

How do the fees on MTAA Super compare to other funds?

Does MTAA Super offer an ethical investment option?

At the time of writing, MTAA Super does not offer a super fund with a specific ethical investment option. However, they do consider environmental, social, and governance (ESG) factors as part of their investment approach in general.

How can I track the growth of my MTAA Super account ?

Members can track and manage the growth of their super account online using the Member SuperSite for those with a super account, or e-Pension for those with an account-based pension. Members can also find out the current balance of their super account in their annual statement, or by calling MTAA Super on 1300 362 415 (open Mon-Fri).

When can I access my MTAA Super?

You can access your super at age 65, but it could be earlier at what’s known as your preservation age, which can be from 55 years up to 60 years depending on what year you were born. To access your super, typically you need to have permanently decided to stop working, or have left an employer after turning 60. Earlier access to your super is possible in certain circumstances, such as:

If your home is being repossessed

Cases of severe financial hardship

On compassionate grounds if you or your dependant is diagnosed with a terminal illness needing palliative care, or if you are temporarily or permanently unable to work or need to work less hours due to a physical or mental medical condition, or if you are disabled and need to modify your home or car to meet your needs, or if you need help to pay for the funeral expenses of a dependant

About MTAA Super

MTAA Super was founded in 1989 as the national industry super fund for motor trades and the allied industries. They serve around 248,000 Aussie workers and 53,000 employers as of their 2015-16 annual report.

Source: MTAA Super

MTAA Super supports the community with a continued partnership with readthesigns, a program that teaches employers to see the signs of depression in their employees, and encourages depressed employees to seek help. This program was created by MTAA Super and Lifeline Australia in 2004 as a suicide prevention measure, because MTAA Super was concerned about the high rate of suicide deaths in the motor trades and allied industries. 25% of deaths are caused by suicide for young Aussie males aged 15-24 years old, which includes many young men in the motor trades.

Other community initiatives from MTAA Super include fundraising for Australian Red Cross Blood Services, Movember, and the Mother’s Day Classic Fun Run. On the motoring side, MTAA Super partnered with TeamVortex and Craig Lowndes in 2016 for the new Supercars team, a sister team to Red Bull Racing Australia.

To protect our environment, MTAA Super switched to online statements for all members in 2015-16, as well as continuing to conserve energy and recycle. They have also integrated environmental, social and governance (ESG) risk management into their investment philosophy.

Compare Super Funds

Related

Products marked as 'Sponsored' are paid advertisements and Canstar receives a fee for referring you to the advertiser. Canstar is not giving you financial advice in relation to Sponsored products.

Please note that all information about performance returns is historical. Past performance should not be relied upon as an indicator of future performance; unit prices and the value of your investment may fall as well as rise.

The Superannuation Star Ratings in this table were awarded in March 2019. View the Canstar Superannuation Star Ratings Methodology and Report. These results are general advice only and not personal financial advice. Ratings are only one factor to take into account when deciding whether to make an investment. Consider the Product Disclosure Statement before making a purchase decision.

Superannuation products displayed above that are not 'Sponsored' are sorted as referenced in the introductory text to the table. Canstar may receive a fee for referral of leads from these products. See How We Get Paid for further information. Products displayed above do not include all products/providers and may not include all features relevant to you. Please note that all information about performance returns is historical. Past performance should not be relied upon as an indicator of future performance; unit prices and the value of your investment may fall as well as rise.

Performance information shown is for historical periods up to 31/12/2018 and investment options noted in the product information. Performance figures shown reflect net investment performance, i.e. net of investment tax, investment management fees and the maximum applicable ongoing management fees and membership fees. Performance information is provided by Rainmaker Information Pty Ltd ABN 86 095 610 996 AFSL 461816 (www.rainmaker.com.au) which provides general information on superannuation. Performance data may not be available for some products. This is indicated in the tables by a note referring the user to the product provider, or by no performance information being shown.

Any advice on this page is general and has not taken into account your objectives, financial situation or needs and is not a recommendation for your particular circumstances. Consider whether this advice is right for you. Consider the product disclosure statement before making a purchase decision. You may need financial advice from a qualified adviser.

Performance, fee and other information displayed in the table has been updated from time to time since the rating date and may not reflect the products as rated. The performance and fee information shown in the table is for the investment option used by Canstar in rating of the superannuation product.

Investment returns of superannuation products: Canstar considers the annual investment returns of a product’s default investment option, including the default life-stage option where applicable. Where a product does not have a default investment option, annual returns for the investment option with the highest funds under management (FUM) and a 60-80% growth asset allocation are used.

Annual cost includes administration fees and indirect costs (including the investment fee, performance fee where applicable, and any other indirect management costs). This cost is calculated based on the super balance specified and the investment option considered in the 2018 Superannuation Star Ratings, which is the default investment option (including default life-stage options). Where a product does not have a default investment option, annual fees for the investment option with the highest FUM and a 60-80% growth asset allocation are used.

This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you. Consider the product disclosure statement before making a purchase decision. Canstar provides an information service. It is not a credit provider, and in giving you information about credit products Canstar is not making any suggestion or recommendation to you about a particular credit product. Statistics referenced on this page have been verified by Canstar Research. Research provided by Canstar Research AFSL and Australian Credit Licence No. 437917.